119th Congress
H.R. 24
Federal Reserve Transparency Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Thomas Massie(R-KY)
- Introduced
- Jan 3, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Oversight and Government Reform
- Official text
- Introduced in House · Congress.gov page
Cosponsors (46)
Original cosponsors (38)
- Andrew Ogles (R-TN)
- Andy Biggs (R-AZ)
- Anna Paulina Luna (R-FL)
- Barry Moore (R-AL)
- Ben Cline (R-VA)
- Brad Finstad (R-MN)
- Brian K. Fitzpatrick (R-PA)
- Chip Roy (R-TX)
- Claudia Tenney (R-NY)
- Daniel Webster (R-FL)
- Elijah Crane (R-AZ)
- Eric A. "Rick" Crawford (R-AR)
- Eric Burlison (R-MO)
- Gary J. Palmer (R-AL)
- Harriet M. Hageman (R-WY)
- H. Morgan Griffith (R-VA)
- John H. Rutherford (R-FL)
- John R. Moolenaar (R-MI)
- Josh Brecheen (R-OK)
- Kat Cammack (R-FL)
- Lauren Boebert (R-CO)
- Mary E. Miller (R-IL)
- Michael Cloud (R-TX)
- Mike Bost (R-IL)
- Mike Collins (R-GA)
- Nancy Mace (R-SC)
- Paul A. Gosar (R-AZ)
- Ralph Norman (R-SC)
- Randy K. Weber, Sr. (R-TX)
- Richard McCormick (R-GA)
- Ron Estes (R-KS)
- Scott Perry (R-PA)
- Tim Burchett (R-TN)
- Tom McClintock (R-CA)
- Victoria Spartz (R-IN)
- Warren Davidson (R-OH)
- W. Gregory Steube (R-FL)
- G000596
Added later (8)
- Brett Guthrie (R-KY) · Jan 9, 2025
- G000590 · Jan 9, 2025
- Gus M. Bilirakis (R-FL) · Jan 9, 2025
- Andy Harris (R-MD) · Jan 15, 2025
- Tony Wied (R-WI) · Jan 21, 2025
- Abraham J. Hamadeh (R-AZ) · Jan 23, 2025
- Michael A. Rulli (R-OH) · Jan 31, 2025
- Sheri Biggs (R-SC) · Feb 12, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Federal Reserve Transparency Act of 2025
This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks. In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 3, 2025 · House
Referred to the House Committee on Oversight and Government Reform. - Jan 3, 2025
Introduced in House